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Schlumberger Posts Q4 Revenue $5.5 Bln VS EST $5.25 Bln
Schlumberger New Energy, CEA And Partners Announce European Commission Approval For Formation Of Genvia Venture
Lufkin Industries Acquires North American Rod Lift Business Of Schlumberger N.V.
Schlumberger N.V. provides technology for reservoir characterization, drilling, production and processing to the oil and gas industry. The Company's segments include Reservoir Characterization Group, Drilling Group, Production Group and Cameron Group. The Reservoir Characterization Group consists of the principal technologies involved in finding and defining hydrocarbon resources. The Drilling Group consists of the principal technologies involved in the drilling and positioning of oil and gas wells. The Production Group consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Integrated Production Services (IPS) and Schlumberger Production Management (SPM). The Cameron Group consists of the principal technologies involved in pressure and flow control for drilling and intervention rigs, oil and gas wells and production facilities.
Oil Well Services & Equipment
5599 San Felipe St Fl 17
Mark G. Papa
Non-Executive Chairman of the Board
Olivier Le Peuch
Chief Executive Officer, Director
Chief Financial Officer, Executive Vice President
Donald William Ross
President - North America Land
President - Integrated Performance Management
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Oilfield services firm Schlumberger's New Energy division on Monday appointed Florence Lambert as the chief executive officer of its Genvia venture, effective March 1.
Schlumberger New Energy on Monday appointed Florence Lambert as chief executive officer of the Genvia clean hydrogen production technology venture, effective March 1, 2021.
Schlumberger NV on Friday joined rivals in predicting a steady recovery in the oil industry this year after the world's top oilfield services provider's fourth-quarter results beat estimates, aided partly by growing demand for drilling.
Schlumberger NV's fourth-quarter revenue and adjusted profit grew compared to the previous quarter, aided by cost cuts and a recovery in demand for oilfield services and equipment after a pandemic-driven slump in drilling.
Norway's Safe labour union has come to an agreement with employers over wages and other conditions at oil service companies, it said on Thursday, preventing a strike among workers.
Libya's National Oil Corp (NOC) said on Wednesday its Chairman Mustafa Sanallah and Schlumberger Ltd Chief Executive Olivier Le Peuch agreed on technology transfer talks to help restart the country's oil wells and improve output.
* Union members work at oil and gas platforms and mobile rigs
Some 262 oil service workers at Schlumberger's Norwegian unit plan to go on strike from Dec. 3 if annual negotiations with employers over pay and working conditions were to fail, the Safe trade union said on Thursday.
Lufkin Industries said on Monday it had acquired oilfield services giant Schlumberger's <SLB.N> North American unit that helps boost production from wells using so-called rod lift gear.
Top oilfield services provider Schlumberger NV on Friday posted its third straight quarterly loss as this year's slump in oil demand and prices due to the COVID-19 pandemic cut demand for its services.
Top oilfield services provider Schlumberger NV on Friday posted its third straight quarterly loss as this year's prolonged slump in oil prices due to the COVID-19 pandemic compelled its major energy customers to shun drilling.
Top oilfield service firm Schlumberger NV expects to return to 2019 level pre-tax margins by the end of next year, a sign the oil industry faces a long-haul to recover from the latest oil-price crash.
Top oilfield service provider Schlumberger NV said Tuesday it will tap technology from International Business Machines Corp to bring oilfield software to countries such as Saudi Arabia and Russia that have strict data sovereignty laws.
Liberty Oilfield Services' acquisition of Schlumberger's shale fracking business will make it the third-largest oilfield services firm by North American revenue, nudging out Baker Hughes Co in a bet on a shale rebound.
Oilfield services firm Schlumberger <SLB.N> agreed to sell its North American shale fracking business to rival Liberty Oilfield Services <LBTR.N>, unloading a unit that underperformed during the shale bust.
Schlumberger said on Tuesday it would combine its North America fracking business with Liberty Oilfield Services Inc and take a 37% stake in the new combined company.
Oilfield services giant Schlumberger NV <SLB.N> on Friday outlined plans for deeper spending cuts after recording a $3.7 billion charge and a second straight quarterly loss on thousands of job cuts and a pipeline outage in Ecuador.
Oilfield services giant Schlumberger NV on Friday reported its second straight quarterly loss after recording $3.7 billion in impairment and restructuring charges as its major customers pulled back activity amid this year's oil price crash.
Oilfield services provider Schlumberger NV <SLB.N> expects to book a charge to earnings of up to $1.4 billion for an accelerated restructuring and new job cuts, Chief Executive Officer Olivier Le Peuch said at a energy conference on Tuesday.
Oilfield services provider Schlumberger NV expects a charge of up to $1.4 billion due to its ongoing restructuring and related layoffs, Chief Executive Officer Olivier Le Peuch said at a conference on Tuesday.
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